Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1281 - 1290 of 4750 results for "July 1"

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
"There's a party goin' on right here A celebration to last throughout the years So bring your good times and your laughter too We gonna celebrate your party with you..." - Kool & the Gang The post-pandemic pool party at Wuhan Maya Beach Water ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
"One, two, Freddy's coming for you Three, four, better lock your door Five, six, grab a crucifix Seven, eight, ya better stay awake Nine, ten, he's back again." Just replace "Freddy" with "COVID" and this Nightmare on Elm Street remake of the ...

Boe Pahari steps down

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
Boe Pahari has stepped down as chief executive of AMP Capital and AMP chair David Murray has resigned. The chair of AMP Capital will also depart. AMP has announced that Pahari will step down as AMP Capital chief executive, effective immediately, and ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
Most people expected dividends to fall by 30% this year, but company payouts this earnings season have been decent, says Ausbil. Ausbil's Michael Price, who manages its active dividend income fund, said in general, the firm has been pleasantly surprised ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
Suncorp has reported an 8% drop in funds under administration for its wealth business, as it posted a 6.8% fall in ongoing operations for FY20 as a result of COVID-19. Suncorp has been battered by extreme weather events, high reinsurance costs and low ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion, faster rate of growth". To be sure, to be sure, most would have cried, "fake news", had the results ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Superannuation and investing startup Spaceship has raised $10 million from existing investors including from Atlassian billionaire Mike Cannon-Brookes' family office. The raise was offered to existing shareholders, as foreshadowed by Financial Standard ...

ATO implements JobKeeper changes

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
The Australian Taxation Office (ATO) has implemented changes to the JobKeeper employee eligibility rules following the government's announcement the scheme would be altered. The changes mean employers already enrolled in JobKeeper may be able to receive ...

Super fund deputy chief departs

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
The deputy chief executive of a $95 billion superannuation fund has left the role to pursue new opportunities. Graeme Arnott left the position as deputy chief executive of First State Super last month.. A First State spokesperson confirmed the news ...